Ballester-Ripoll v. Court of Tax Appeals

MAHONEY, Circuit Judge.

On March 15, 1941, the taxpayer and his wife filed separate income tax returns for the year 1940. Each reported a net income of $19,529.45, that amount being one-half of the income received from the same source, namely: salary from a partnership, directors fees from a partnership, directors fees from a corporation, interest on notes payable by a partnership, profits from an interest in a partnership and corporate dividends, all of which was community property: On August 18, 1941, the •Treasurer reliquidated the taxpayer’s return pursuant to Acts Nos. 31 and 159 of the…